827 SW 46th St, Ankeny, IA, 50023 | $214/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Ankeny at 827 SW 46th St, Ankeny, IA, 50023 uses $87,185 cash to close to unlock $2,570/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $1,287/mo payment keeps the spread at $214/mo. Purchase price stands at $263,000, and rental yield measures 8.77% with $1,922/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $72,662 over five years. Five-year ROI reaches 119.1% and total cumulative return in cash records $103,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,287/mo payment rather than investor’s personal income.

Condo

Built in 2004

5,009 sqft lot

$N/A/sqft

No HOA